Excalibur Co., Ltd. announced that net profit attributable to shareholders of listed companies in the first half of 2026 is expected to be a loss of 23 million yuan to 33 million yuan, compared to a profit of 235.971 million yuan for the same period last year, a year-on-year decrease of 197.47% to 239.85%. Net profit after deducting non-recurring profit and loss was a loss of 29 million yuan to 39 million yuan, compared to a profit of 208.283 million yuan for the same period last year. Reasons for changes in performance: The field of new chemical materials was affected by geographical conflicts. Prices of upstream raw materials fluctuated greatly, the production capacity of the subsidiary's Zhuhai Excalibur polyester resin project was climbing, compounding intense competition in the industry, weakening downstream demand, and declining gross margin; delays in the start-up period of downstream customer projects in the high-end equipment manufacturing sector, and order delivery fell short of expectations; RMB appreciated against the US dollar and the euro, and increased exchange losses.

Excalibur Co., Ltd. announced that net profit attributable to shareholders of listed companies in the first half of 2026 is expected to be a loss of 23 million yuan to 33 million yuan, compared to a profit of 235.971 million yuan for the same period last year, a year-on-year decrease of 197.47% to 239.85%. Net profit after deducting non-recurring profit and loss was a loss of 29 million yuan to 39 million yuan, compared to a profit of 208.283 million yuan for the same period last year. Reasons for changes in performance: The field of new chemical materials was affected by geographical conflicts. Prices of upstream raw materials fluctuated greatly, the production capacity of the subsidiary's Zhuhai Excalibur polyester resin project was climbing, compounding intense competition in the industry, weakening downstream demand, and declining gross margin; delays in the start-up period of downstream customer projects in the high-end equipment manufacturing sector, and order delivery fell short of expectations; RMB appreciated against the US dollar and the euro, and increased exchange losses.